New car market Aftersales conference News Showroom AM contacts Used car market News digest Recruitment ?? ?? Continued over Scrappage scheme ends The vehicle Scrappage Incentive Scheme has ended having successfully turned around the ailing new car market from the lows of 2009. Source: AM- online March 31 Read more... Volvo sold to Geely Chinese carmaker Geely has signed a deal to buy Volvo from US car giant Ford for $ 1.8 billion. Source: BBC March 28 Read more... Election will slow market The usual slowdown in used car sales from late spring will be compounded by the General Election. Source: AM- online April 6 Read more... Land Rover's monthly record Land Rover is set to disclose that it had a record- breaking month in March, with sales of its 4x4 vehicles booming despite the economic downturn. Source: Daily Telegraph April 6 Read more... Daimler charged with bribery The German- based car company Daimler and three of its subsidiaries have been accused of paying bribes to a large number of foreign governments. Source: BBC March 23 Read more... Toyota facing $ 16m fine Toyota is facing a $ 16 million (£ 10.4 million) fine after the US government ruled the company had failed to provide adequate notice regarding defective accelerator pedals. Source: The Guardian April 6 Toyota acts on quality Toyota, reeling from a recall crisis, launched a task force on Tuesday aimed at regaining consumer trust and pledged to give more clout to its regional operations to speed up decisions on quality issues. Source: Reuters March 30 Read more... Mazda hybrids from Toyota Toyota and Mazda announced a deal under which Japan's top carmaker will supply its hybrid technology under license to Mazda, in the latest link- up within the fast- changing car industry. Source: Reuters March 29 Read more... GM considers plant rescue plan General Motors said it was studying a proposal from its Belgian employees to keep its Antwerp plant open to build vehicles on contract for other carmakers. GM, which wants to close the plant as part of a plan to cut capacity at its European Opel/ Vauxhall operations by 20%, said it had made no decision on the plan. Source: Financial Times March 10 Read more... Ford and Vauxhall cut prices After months of raising its prices, Ford has introduced a policy of cutting list prices, but also cutting fleet discounts by a corresponding